ESIC Contribution for newly implemented area of 1% employees share and 3% employers share under the rule 51-B stands terminated from 1st August, 2018.
The rate of contribution will be 1.75% and 4.75% for employees and employers from August 2018.
And please find the enclosed file for your reference.
From India, Delhi
Dear Mr. Rakesh,
The notification introduces Rule 51-B for new area contribution for employer at 3% and for employee at 1%. The notification is effective from 06.10.2016, employers shall pay contribution at reduced rate (for employer to 3% and for employee to 1%) for a period of two years with effect from 06.10.2016. Thus, this period will end on 06.10.2018 (6th October 2018).
From India, Mumbai
Is there any change in ESI for offshore labors or workers. Heard that court has stayed and it is not mandatory to contribute for ESI. Is it true?
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